Payden Emerging Markets Fund Manager Performance Evaluation
PYELX Fund | USD 4.82 0.01 0.21% |
The fund holds a Beta of -0.17, which implies not very significant fluctuations relative to the market. As returns on the market increase, returns on owning Payden Emerging are expected to decrease at a much lower rate. During the bear market, Payden Emerging is likely to outperform the market.
Risk-Adjusted Performance
0 of 100
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Very Weak
Over the last 90 days Payden Emerging Markets has generated negative risk-adjusted returns adding no value to fund investors. In spite of fairly strong essential indicators, Payden Emerging is not utilizing all of its potentials. The current stock price disturbance, may contribute to short-term losses for the investors.
...moreExpense Ratio Date | 28th of February 2023 | |
Expense Ratio | 0.9900 |
Payden |
Payden Emerging Relative Risk vs. Return Landscape
If you would invest 493.00 in Payden Emerging Markets on December 29, 2023 and sell it today you would lose (11.00) from holding Payden Emerging Markets or give up 2.23% of portfolio value over 90 days. Payden Emerging Markets is currently producing negative expected returns and takes up 0.3574% volatility of returns over 90 trading days. Put another way, 3% of traded mutual funds are less volatile than Payden, and 99% of all traded equity instruments are likely to generate higher returns over the next 90 trading days. Expected Return |
Risk |
Payden Emerging Current Valuation
Overvalued
Today
Please note that Payden Emerging's price fluctuation is very steady at this time. At this time, the fund appears to be overvalued. Payden Emerging Markets holds a recent Real Value of $4.42 per share. The prevailing price of the fund is $4.82. We determine the value of Payden Emerging Markets from analyzing fund fundamentals and technical indicators as well as its Probability Of Bankruptcy. In general, we support acquiring undervalued mutual funds and dropping overvalued mutual funds since, at some point, mutual fund prices and their ongoing real values will merge together.
Our valuation method for Payden Emerging Markets is useful when determining the fair value of the Payden mutual fund, which is usually determined by what a typical buyer is willing to pay for full or partial control of Payden Emerging. Since Payden Emerging is currently traded on the exchange, buyers and sellers on that exchange determine the market value of Payden Mutual Fund. However, Payden Emerging's intrinsic value may or may not be the same as its current market price, in which case there is an opportunity to profit from the mispricing, assuming the market price will eventually merge with its intrinsic value. Historical | Market 4.82 | Real 4.42 | Hype 4.82 |
The real value of Payden Mutual Fund, also known as its intrinsic value, is the underlying worth of Payden Emerging Markets Mutual Fund, which is reflected in its stock price. It is based on Payden Emerging's financial performance, assets, liabilities, growth prospects, management team, or industry conditions. The intrinsic value of Payden Emerging's stock can be calculated using various methods such as discounted cash flow analysis, price-to-earnings ratio, or price-to-book ratio. That value may differ from its current market price, which is determined by supply and demand factors such as investor sentiment, market trends, news, and other external factors that may influence Payden Emerging's stock price. It is important to note that the real value of any stock may change over time based on changes in the company's performance.
Estimating the potential upside or downside of Payden Emerging Markets helps investors to forecast how Payden mutual fund's addition to their portfolios will impact the overall performance. We also use other valuation drivers to help us estimate the true value of Payden Emerging more accurately as focusing exclusively on Payden Emerging's fundamentals will not take into account other important factors: Payden Emerging Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Payden Emerging's investment risk. Standard deviation is the most common way to measure market volatility of mutual funds, such as Payden Emerging Markets, and traders can use it to determine the average amount a Payden Emerging's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = -0.1017
Best Portfolio | Best Equity | |||
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Cash | Small Risk | Average Risk | High Risk | Huge Risk |
Negative Returns | PYELX |
Estimated Market Risk
0.36 actual daily | 3 97% of assets are more volatile |
Expected Return
-0.04 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
-0.1 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Payden Emerging is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Payden Emerging by adding Payden Emerging to a well-diversified portfolio.
Payden Emerging Fundamentals Growth
Payden Mutual Fund prices reflect investors' perceptions of the future prospects and financial health of Payden Emerging, and Payden Emerging fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Payden Mutual Fund performance.
Total Asset | 4.82 M | ||||
About Payden Emerging Performance
To evaluate Payden Emerging Markets Mutual Fund as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Payden Emerging generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Payden Mutual Fund's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Payden Emerging Markets market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Payden's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.The fund invests at least 80 percent of its total assets in a wide variety of Bonds. Bonds include debt securities issued or guaranteed by the U.S. government and foreign governments and their agencies and instrumentalities, political subdivisions of foreign governments , and supranational organizations , or credit-linked notes issued with respect to such securities and debt securities and commercial paper issued by U.S. and foreign companies, or credit-linked notes issued with respect to such securities. The fund is non-diversified.Things to note about Payden Emerging Markets performance evaluation
Checking the ongoing alerts about Payden Emerging for important developments is a great way to find new opportunities for your next move. Mutual Fund alerts and notifications screener for Payden Emerging Markets help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.Payden Emerging generated a negative expected return over the last 90 days | |
The fund generated three year return of -1.0% | |
Payden Emerging Markets maintains about 12.29% of its assets in cash |
- Analyzing Payden Emerging's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Payden Emerging's stock is overvalued or undervalued compared to its peers.
- Examining Payden Emerging's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Payden Emerging's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Payden Emerging's management team can help you assess the Mutual Fund's leadership.
- Pay attention to analyst opinions and ratings of Payden Emerging's mutual fund. These opinions can provide insight into Payden Emerging's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in Payden Emerging Markets. Also, note that the market value of any mutual fund could be tightly coupled with the direction of predictive economic indicators such as signals in bureau of economic analysis. You can also try the Fundamentals Comparison module to compare fundamentals across multiple equities to find investing opportunities.
Complementary Tools for Payden Mutual Fund analysis
When running Payden Emerging's price analysis, check to measure Payden Emerging's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Payden Emerging is operating at the current time. Most of Payden Emerging's value examination focuses on studying past and present price action to predict the probability of Payden Emerging's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Payden Emerging's price. Additionally, you may evaluate how the addition of Payden Emerging to your portfolios can decrease your overall portfolio volatility.
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